US considers easing sanctions on shadow fleet vessels to cut freight rates, official says
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7 Articles
US considering easing sanctions on 'shadow fleet' ships to reduce freight rates, official says The post US considering using shadow fleet to take oil out of Hormuz appeared first on in.gr.
The administration of US President Donald Trump is considering easing sanctions on part of the so-called "shadow fleet", Reuters reported, citing a US official. The aim is to increase the number of available tankers and lower the rates for transporting oil by sea. The measure under discussion envisages that ships that were previously sanctioned will be allowed to transport "legal oil". This definition includes crude oil and oil products that are…
President Donald Trump's administration is considering the possibility of easing the sanctions against the so-called "shadow fleet" with a view to reducing freight rates, reporting to Reuters with reference to an American official.
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